Tech Talk: Chatbots, deepfakes, ATM fraud and more!
- AI: Finance sector job market impacts
- Responsible & Generative AI
- Chatbots: The new face of customer service?
- Protecting against deepfake fraud
- All you need to know about banking tech
- How to fight ATM fraud
- Product innovation is the key to growth
- Top banking innovations: BaaS & embedded finance
- Scores of biometrics bugs emerge
- Spam, Scams & Breaches
- Updates, Patches & Alerts
- and on the lighter side...
AI: Finance sector job market impacts
According to a new report by Citi, a little more than half — 54% — of jobs in the banking sector have a higher potential for automation, while another 12% could be augmented by AI. PYMNTS.com has the details.
Responsible & Generative AI
Join FinextraTV as we talk with Ermes Dajko, Senior Cloud Solutions Architect at Temenos, about the transformative impact of generative AI in banking. Discover how Gen AI is revolutionixing decision-making processes with practical use cases. Finextra has the details.
Chatbots: The new face of customer service?
Move over, human tellers: artificial intelligence (AI) chatbots may be the new face of banking. As digital solutions continue to disrupt the industry, experts say these conversational AI systems are poised to slash costs and streamline operations while keeping customers engaged and satisfied. PYMNTS.com has the details.
Protecting against deepfake fraud
Like many types of initially innocent technologies, deepfakes are now being exploited by malicious cyber criminals for nefarious means, with one of the latest victims being the world’s longest serving Central Bank Chief. Finextra has the details.
All you need to know about banking tech
Advancements in the digital landscape, such as blockchain and artificial intelligence, are reshaping traditional banking processes. With the development of banking technology, various financial institutions started to employ digital tools, systems, and platforms to streamline banking operations, optimize customer experiences and manage transactions efficiently. Tech Republic has the details.
How to fight ATM fraud
ATM fraud is a continued source of frustration for customers and banks alike. As banks have developed new methods to handle the fraud, criminals invent new tactics ranging from more advanced skimming devices, hacking the software, malware attacks and more. How can banks combat fraud? ATM Marketplace has the details.
Product innovation is the key to growth
Banks have a significant opportunity to take advantage of the digital shift driven by the next generation of customers. Or, they can be left on the wayside and watch neobanks and fintechs drive their own growth. This generation of customer not only values digital efficiency and convenience but also looks for value and reward for loyalty. Fintech Futures has the details.
Top banking innovations: BaaS & embedded finance
Banks and FIs are adopting embedded finance and BaaS to introduce seamless financial services into everyday consumer and business experiences, countering competitive threats and catalyzing growth. This is the future of banking. PYMNTS.com has the details.
Scores of biometrics bugs emerge
Two dozen vulnerabilities in a biometric terminal used in critical facilities worldwide could allow hackers to gain unauthorized access, manipulate the device, deploy malware, and steal biometric data. And yet, exactly how damaging this could be for organizations is up for debate. Dark Reading has the details.
Spams, Scams, and Breaches
- Help Net Security: CDK Global cyberattack cripples 15,000 US auto dealerships
- SecurityWeek: Amtrak Says Guest Rewards Accounts Hacked in Credential Stuffing Attacks
- Finextra: Payment Scams and Fraud: Changing Bank Behaviour and Regulatory Frameworks
- SecurityWeek: AMD Investigating Breach Claims After Hacker Offers to Sell Data
- Help Net Security:
- SecurityWeek: Keytronic Says Personal Information Stolen in Ransomware Attack
- SecurityWeek: Insurance Company Globe Life Investigating Data Breach
- SecurityWeek: 200,000 Impacted by Data Breach at Los Angeles County Public Health Agency
- Dark Reading: Panera Notifies Employees of Compromised Data
- SecurityWeek: Ascension Says Personal, Health Information Stolen in Ransomware Attack
- SecurityWeek: In Other News: Fuxnet ICS Malware, Google User Tracking, CISA Employee Scams
- Dark Reading: Widespread Vishing Effort Impersonates CISA Staff
- SecurityWeek: Life360 Says Personal Information Stolen From Tile Customer Support Platform
Updates, Patches, and Alerts...
- US-CERT: Current Activity
- SecurityWeek: Hundreds of PC, Server Models Possibly Affected by Serious Phoenix UEFI Vulnerability
- Dark Reading: High-Risk Overflow Bug in Intel Chips Likely Impacts 100s of PC Models
- SecurityWeek: Atlassian Patches High-Severity Vulnerabilities in Confluence, Crucible, Jira
- Dark Reading: Critical VMware Bugs Open Swaths of VMs to RCE, Data Theft
- SecurityWeek: New TikTag Attack Targets Arm CPU Security Feature
- PCWorld: Intel denies root cause for CPU instability, still investigating
- SecurityWeek: Critical Code Execution Vulnerabilities Patched in VMware vCenter Server
- Help Net Security: >Week in review: JetBrains GitHub plugin vulnerability, 20k FortiGate appliances compromised
- SecurityWeek: Rockwell Automation Patches High-Severity Vulnerabilities in FactoryTalk View SE
- Help Net Security: Solving the systemic problem of recurring vulnerabilities
- SecurityWeek: Chrome 126 Update Patches Vulnerability Exploited at Hacking Competition
- Dark Reading: PoC Exploit Emerges for Critical RCE Bug in Ivanti Endpoint Manager
- SecurityWeek: CISA Warns of PoC Exploit for Vulnerability in RAD SecFlow-2 Industrial Switch
- Dark Reading: Microsoft Late to the Game on Dangerous DNSSEC Zero-Day Flaw
- SecurityWeek: Google Warns of Pixel Firmware Zero-Day Under Limited, Targeted Exploitation
- Dark Reading: Nvidia Patches High-Severity Flaws in GPU Drivers
- SecurityWeek: Microsoft Patches Zero-Click Outlook Vulnerability That Could Soon Be Exploited
- SecurityWeek: Fortinet Patches Code Execution Vulnerability in FortiOS
See what other current hot cyber and technology topics affecting financial institutions BOL users are discussing in the Technology Forum.
And on the lighter side...
Is there an upside to personal debt? Comedian Tim Clue takes a moment to point out the positive aspects of owing money.